oOh! - Scheme Implementation Agreement with I Squared

Summary by 6ix AI

oOh media Ltd has announced a Scheme Implementation Agreement with I Squared Capital, where I Squared will acquire all shares of Ooh Media for a specified cash amount per share, along with a dividend payment. The Ooh Board recommends that shareholders vote in favor of the Scheme, pending certain conditions and approvals. The agreement includes customary conditions such as shareholder and regulatory approvals, and outlines the next steps in the process. A detailed Scheme Booklet will be provided to shareholders, with a meeting expected to be held for voting on the Scheme.

Written by 6ix AI from the company’s filing. How 6ix writes summaries